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Officials: Unemployment trust fund balance up, new claims down

(The Center Square) – Louisiana’s unemployment benefits fund is back in the black as the number of new claims is declining, officials reported Friday. The unemployment insurance trust fund balance was $48 million, Louisiana Workforce Commission Secretary Ava Cates told the House and Senate budget committee. The balance previously dropped to zero amid unprecedented demand related to the COVID-19-driven economic downturn. The state owes the federal government $184 million that state off...
United States Baton Rouge John Bel Edward Andrew Fitzgerald Jim Richardson Center Square
Source: ktbs.com

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